Startup teams and innovative companies are eligible to receive up to RSD 2 million for the development of innovative ideas at Science Technology Park Belgrade (STP Belgrade).

These funds are available under the Public Call for the Award of Grants to Support the Development of Innovative Activities, issued by the City of Belgrade. The final date for application is 15 September.

Applicants will be eligible to receive grants to cover the costs of infrastructure and technical services for the development of their innovative ideas with support from STP Belgrade, the costs of salaries and/or fees, the costs of equipment and tools purchased for development purposes and the costs associated with research and testing.

To be eligible to apply, startup teams and micro companies (not older than three years on the application date) must be registered and established in the territory of Belgrade. The total amount of funds earmarked for the competition is RSD 10 million, with a maximum of RSD 2 million available per beneficiary for the development of an innovative idea over a period of up to 12 months.

The competition aims to foster the development of new innovative hi-tech products, services and processes, boost the competitive edge of eligible undertakings and ensure their inclusion in international market developments.

For more information on eligibility terms and the application process, as well as the text of the public call, visit the following LINK.